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Rieter Holding AG (XSWX:RIEN) Cyclically Adjusted PB Ratio : 1.38 (As of May. 24, 2024)


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What is Rieter Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Rieter Holding AG's current share price is CHF135.00. Rieter Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF97.88. Rieter Holding AG's Cyclically Adjusted PB Ratio for today is 1.38.

The historical rank and industry rank for Rieter Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

XSWX:RIEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.24   Max: 2.54
Current: 1.35

During the past 13 years, Rieter Holding AG's highest Cyclically Adjusted PB Ratio was 2.54. The lowest was 0.77. And the median was 1.24.

XSWX:RIEN's Cyclically Adjusted PB Ratio is ranked better than
62.76% of 2081 companies
in the Industrial Products industry
Industry Median: 1.85 vs XSWX:RIEN: 1.35

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Rieter Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF83.841. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is CHF97.88 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rieter Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rieter Holding AG's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rieter Holding AG Cyclically Adjusted PB Ratio Chart

Rieter Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.05 1.88 1.08 0.92

Rieter Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.88 - 1.08 - 0.92

Competitive Comparison of Rieter Holding AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Rieter Holding AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rieter Holding AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rieter Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Rieter Holding AG's Cyclically Adjusted PB Ratio falls into.



Rieter Holding AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Rieter Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=135.00/97.88
=1.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rieter Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Rieter Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=83.841/106.4612*106.4612
=83.841

Current CPI (Dec23) = 106.4612.

Rieter Holding AG Annual Data

Book Value per Share CPI Adj_Book
201412 96.405 100.704 101.917
201512 98.180 99.386 105.169
201612 101.794 99.380 109.048
201712 100.956 100.213 107.251
201812 99.510 100.906 104.988
201912 103.847 101.063 109.394
202012 78.499 100.241 83.370
202112 88.073 101.776 92.128
202212 80.341 104.666 81.719
202312 83.841 106.461 83.841

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Rieter Holding AG  (XSWX:RIEN) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Rieter Holding AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Rieter Holding AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Rieter Holding AG (XSWX:RIEN) Business Description

Traded in Other Exchanges
Address
Klosterstrasse 32, Winterthur, CHE, 8406
Rieter Holding AG is an industrial machinery manufacturer based in Switzerland. It develops machinery, systems, and components used to convert natural and man-made fibres and their blends into yarns. The company's operating segment includes Machines and Systems, Components and After Sales. It generates maximum revenue from the Machines and Systems segment.

Rieter Holding AG (XSWX:RIEN) Headlines

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